SRJC Course Outlines

11/29/2020 2:38:21 AMECON 30 Course Outline as of Spring 2020

Reinstated Course
CATALOG INFORMATION

Discipline and Nbr:  ECON 30Title:  INTERNATIONAL ECONOMICS  
Full Title:  International Economics
Last Reviewed:4/22/2019

UnitsCourse Hours per Week Nbr of WeeksCourse Hours Total
Maximum3.00Lecture Scheduled3.0017.5 max.Lecture Scheduled52.50
Minimum3.00Lab Scheduled06 min.Lab Scheduled0
 Contact DHR0 Contact DHR0
 Contact Total3.00 Contact Total52.50
 
 Non-contact DHR0 Non-contact DHR Total0

 Total Out of Class Hours:  105.00Total Student Learning Hours: 157.50 

Title 5 Category:  AA Degree Applicable
Grading:  Grade or P/NP
Repeatability:  00 - Two Repeats if Grade was D, F, NC, or NP
Also Listed As: 
Formerly: 

Catalog Description:
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This course examines international trade, international finance, and the global economy. It is suitable for students from all majors and backgrounds, and anyone interested in learning about these topics. Explores issues focusing on trade agreements, comparative advantage and the gains from trade, tariffs, quotas, the balance of payments, foreign exchange rates, and current international events.

Prerequisites/Corequisites:
Course Completion of MATH 154, MATH 155, MATH 156, or higher, or MATH 15, or qualifying placement based on AB705 mandates.


Recommended Preparation:
Eligibility for ENGL 1A or equivalent or appropriate placement based on AB705 mandates

Limits on Enrollment:

Schedule of Classes Information
Description: Untitled document
This course examines international trade, international finance, and the global economy. It is suitable for students from all majors and backgrounds, and anyone interested in learning about these topics. Explores issues focusing on trade agreements, comparative advantage and the gains from trade, tariffs, quotas, the balance of payments, foreign exchange rates, and current international events.
(Grade or P/NP)

Prerequisites:Course Completion of MATH 154, MATH 155, MATH 156, or higher, or MATH 15, or qualifying placement based on AB705 mandates.
Recommended:Eligibility for ENGL 1A or equivalent or appropriate placement based on AB705 mandates
Limits on Enrollment:
Transfer Credit:CSU;UC.
Repeatability:00 - Two Repeats if Grade was D, F, NC, or NP

ARTICULATION, MAJOR, and CERTIFICATION INFORMATION

Associate Degree:Effective:Inactive:
 Area:
 
CSU GE:Transfer Area Effective:Inactive:
 DSocial ScienceFall 1996Fall 2011
 D2Economics  
 
IGETC:Transfer Area Effective:Inactive:
 4Social and Behavioral ScienceFall 1996Fall 2011
 4BEconomics  
 
CSU Transfer:TransferableEffective:Spring 2020Inactive:
 
UC Transfer:TransferableEffective:Fall 2019Inactive:
 
C-ID:

Certificate/Major Applicable: Major Applicable Course



COURSE CONTENT

Student Learning Outcomes:
Upon completion of the course, students will be able to:
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1.  Apply the principle of comparative advantage to international trade between
     nations to determine if the nations are mutually benefiting, and determine profits.
2.  Articulate the difference between the International Monetary Fund, World Bank
     and World Trade Organization.
3.  Evaluate different exchange rate systems including fixed, flexible, and floating.
 

Objectives: Untitled document
Students will be able to:
1. Distinguish between and use vocabulary terms related to global
    economic studies.
2. Critique global economic problems and discuss issues using economic
    principles to explain their reasoning.
3. Analyze global economic issues.
4. Demonstrate reading, communication and analytical skill levels in
    discussions, on exams, and within the content of assigned
    papers.
5. Critically evaluate the world's economic performance and explain the efficacy
    of economic policies directed toward the achievement of global
    development.

Topics and Scope
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I. Global Macroeconomics
    A. Measuring economic indicators
    B. Gross Domestic Product
    C. Gross National Product
    D. Gross National Income
    E. Per Capita GDP
II. Economic Growth and Sustainability        
      A. Factors of Production
     B. Factor Endowments
III. International Institutions
    A. The International Monetary Fund
    B. The World Bank
    C. The World Trade Organization
IV. Introduction to International Trade
     A. Absolute Advantage
    B. Comparative Advantage
    C. Specialization
    D. Trade Agreements  
     E. Gains from Trade
     F. Theory of Tariffs
    G. Theory of Quotas
    H. Protectionism
    I.  International Dumping
     J. Voluntary Restrictions
    K. Trade and the Environment
V. International Finance
    A. Balance of Payments
    B. Current Account
    C. Capital Account
    D. Flexible Exchange Rates
    E. Fixed Exchange Rates
    F. Floating Exchange Rates

Assignments:
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1. Read and study appropriate chapters in text (15-20 pages) per week
2. Homework Problems, such as:
    A. Written homework
    B. Problem sets involving computation and graphing
    C. Chapter-based problems
3. Two to four class exams
4. Final exam
5. Research paper (optional)

Methods of Evaluation/Basis of Grade.
Writing: Assessment tools that demonstrate writing skill and/or require students to select, organize and explain ideas in writing.Writing
0 - 30%
Optional research paper
This is a degree applicable course but assessment tools based on writing are not included because problem solving assessments are more appropriate for this course.
Problem solving: Assessment tools, other than exams, that demonstrate competence in computational or non-computational problem solving skills.Problem Solving
10 - 40%
Homework problems
Skill Demonstrations: All skill-based and physical demonstrations used for assessment purposes including skill performance exams.Skill Demonstrations
0 - 0%
None
Exams: All forms of formal testing, other than skill performance exams.Exams
50 - 80%
Examinations and final examination
Other: Includes any assessment tools that do not logically fit into the above categories.Other Category
0 - 0%
None


Representative Textbooks and Materials:
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International Economics. 7th ed. James Gerber. Pearson Education. 2017
International Economics. 11th ed. Krugman, Paul and Obstfeld, Maurice and Melitz, Marc. Pearson Education. 2018

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